Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is It Too Late to Buy These 3 Brilliant Passive Income Stocks?


Enterprise Products Partners (NYSE: EPD)Energy Transfer (NYSE: ET), and MPLX (NYSE: MPLX) are some of the best passive income producers in the energy sector. The trio of master limited partnerships (MLPs) offers big-time yielding payouts that should continue growing in the future.

Their brilliance at producing passive income seems to have caught the market's eye this year as all three have rallied. Here's a look at whether it's too late to buy these income machines.

Units of Enterprise Products Partners have risen more than 10% this year, which is a hefty gain for an income-focused investment vehicle. The valuation increase has pushed the MLP's yield down to around 7.5%. That's still attractive, considering that the dividend yield on the S 500 is around 1.5% these days. 

Continue reading


Source Fool.com

Like: 0
EPD
Share

Comments